Brazilian federal prosecutors are suing Transocean Ltd and Chevron Corp for 20 billion Reais (10.6 billion dollars) in environmental and social damages and asked a court to suspend their operations, according to a statement yesterday.
Brazil's National Oil Regulator (ANP) said on Wednesday that it is suspending the drilling rights of US oil major Chevron in national territory until it clarifies conditions of the recent oil spill in its Frade field.
Chevron promised to fully clean-up a spill off Brazil's coast, the CEO of the local subsidiary, George Buck, said on Sunday, taking responsibility for an accident that has become a major test for one of the world's fastest-growing oil frontiers.